Viper Networks (Viper Networks) Debt-to-Equity : -0.24 (As of Sep. 2006)

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What is Viper Networks Debt-to-Equity?

Viper Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.11 Mil. Viper Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.00 Mil. Viper Networks's Total Stockholders Equity for the quarter that ended in Sep. 2006 was $-0.46 Mil. Viper Networks's debt to equity for the quarter that ended in Sep. 2006 was -0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Viper Networks's Debt-to-Equity or its related term are showing as below:

VPER's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Viper Networks Debt-to-Equity Historical Data

The historical data trend for Viper Networks's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Viper Networks Debt-to-Equity Chart

Viper Networks Annual Data

Trend

Dec01

Dec03

Dec04

Dec05

Debt-to-Equity

-0.17

2.32

37.11

-0.85

Viper Networks Quarterly Data
	Dec01	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Debt-to-Equity	Get a 7-Day Free Trial											-0.94	-0.85	1.43	-2.72	-0.24

Competitive Comparison of Viper Networks's Debt-to-Equity

For the Electronic Components subindustry, Viper Networks's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Viper Networks's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viper Networks's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Viper Networks's Debt-to-Equity falls into.

Viper Networks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viper Networks's Debt to Equity Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.608	+	0)	/	-0.716
	=	-0.85

Viper Networks's Debt to Equity Ratio for the quarter that ended in Sep. 2006 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.11	+	0)	/	-0.458
	=	-0.24

Viper Networks (OTCPK:VPER) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Viper Networks Debt-to-Equity Related Terms

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Viper Networks (Viper Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Viper Networks Inc (OTCPK:VPER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 East Big Beaver Road, Troy, MI, USA, 48083

Website

https://www.vipernetworks.com

Viper Networks Inc is an Indian-based company that operates in LED lighting products. It is primarily involved in the manufacturing and distribution of LED lighting to provide superior turnkey LED lighting solutions for metropolitan areas (streets and highways), parking lots, and warehousing facilities anywhere. Further, it also offers intelligent lighting solutions with cameras, sensors, and wireless technologies. The company is also into providing telecom engineering services in the U.S., Middle East, and Northern Africa.

Executives

Jason Sunstein

director, officer: Vice President - Finance

350 10TH AVE., SUITE 1000, SAN DIEGO CA 92101